Economy

A comprehensive economic and social transformation that enables our societies to deliver prosperity, and well-being, within the physical limits of our planet.

© European Union 2015 - Source EP

Greens/EFA Debriefing

Plenary week, 11-15 February 2019

Greens/EFA priorities for the plenary week included the EU-Singapore trade agreement, the protection of animals during transportation, the EU-Morocco fisheries agreement, the debate on the Future of Europe with the Italian Prime Minister, the final trilogues on copyright and on the gas directive, ...


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New EU blacklist successful tool to combat money laundering

Anti-Money Laundering

The European Commission has unveiled its 'blacklist' of 23 jurisdictions where there is a significant risk of money laundering. The list contains 'third country' jurisdictions and includes places such as the Bahamas, the US Virgin Islands, Panama and Saudi Arabia. The list will require all traders in the EU doing business in goods or services worth more than €10,000 in jurisdictions on the blacklist to undertake enhanced due diligence on transactions. The blacklist comes as a result of the EU's Anti-Money Laundering Directive, which is currently being ratified by Member States, and will see the Commission undertake enhanced assessments of the jurisdictions on the list.


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Money laundering and affordable housing - what’s the link?

Impact of money laundering on housing prices across the EU

Tax evasion and money laundering through real estate can contribute to the increase of rental and housing prices in your city. We Greens/EFA are fighting hard in the European Parliament against money laundering - not least, because everyone in Europe should have the right to affordable housing!


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Transparency International Corruption Index

Quote from Benedek Jávor MEP

Transparency International released their annual Corruption Perceptions Index, which showed that among others Hungary has slid in score considerably over the five years. Malta, Romania and Bulgaria have all slipped significantly in TI's rankings in the last year.


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Vast differences in corporate tax rates across EU shows urgent need for transparency – new report

Tax

Today, a new report by the Greens/EFA group in the European Parliament shows the privileges given to multinationals through low corporate tax rates across Europe. The report 'Effective Tax Rates of Multinational Enterprises in the EU' quantifies the difference between nominal and effective tax rates for multinationals in the EU. Effective tax rates in the European Union (15% on average) are well below nominal tax rates (23%). Multinationals may have an effective tax rate as low as 2% and as high as 30% across the EU.


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Brexit and the future of tax havens

22.01.2019

The conference will address the UK’s role in financial secrecy services and the tools that the EU should mobilise to prevent the UK from evolving towards a tax haven on the EU’s doorstep. It will also assess the tax reforms that have been adopted in recent years at EU level and make recommendations to address the remaining loopholes in order to combat tax havens.


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Werbefabrik/Pixabay

Effective tax rates for multinational companies in the EU

A report commissioned by the Greens/EFA

A new research commissioned by the Greens/EFA Group in the European Parliament shows that many companies do not pay much tax in many EU countries – in absolute values or in comparison to nominal rates or to some other countries.


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© European Union 2015 - Source EP

Greens/EFA Debriefing

Plenary week, 14-17 January 2019

GREENS/EFA priorities for the plenary week included the special committee on pesticides, glyphosate, gender equality and taxation policies, Brexit, the Romanian presidency, nuclear decommissioning, rights and values, …


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Camilo Rueda López (CC BY-ND 2.0)

European Parliament supports greater cross-border cooperation between tax authorities

Fiscalis programme

The European Parliament has voted with a broad pro-European majority in favour of the Fiscalis programme for improving cross-border cooperation between tax authorities, which is part of the Multi-Financial-Framework (MFF) programmes currently being negotiated between the Parliament, Council and Commission.


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The Greens/EFA Co-Presidents' briefing

15.01.2019

LIVE press conference 15 January 2019 10:30-10:50

Greens/EFA co-president Philippe Lamberts presents the key issues of the plenary session and of the European agenda for the Greens/EFA group


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Symbolic gestures on tax not enough

Tax

The European Commission will unveil plans to move decisions on tax issues under Qualified Majority Voting (QMV) in the Council. However, Member States will still retain a veto over tax issues under the current unanimity rule. Following on from major tax scandals, as well as an urgent need to introduce new legislation on key tax issues, core files have been stuck for months or years in the Council.


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European Union

What's coming up in Parliament

A look ahead to the January plenary session in the European Parliament in Strasbourg and the Greens/EFA priority issues on the agenda


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